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economy according to frankie boyle by the way look at this photo of him this is a him looking much like the duchess of cambridge before she got the total of the baby my god these kids are obese what do they feel you. should be ashamed of yourself look at that fat baby oh my god how did you pass that through a little you. mr urban. no that was larry summers the macro does larry summers and this billion dollar bad bet was that during the financial crisis harvard lost nearly one billion dollars because of some unusual and ill judged interest rate swaps that summers implemented and the early two thousand during the troubled tenure as the university's president so what he had done max is he had thrown his lot behind some fake derivatives basically the same sort of derivatives that have blown up greece italy jefferson county alabama and now at detroit interest rate swaps allow bar was to lock in a fixed interest rate on. floating rate debt which can be good to hedge against short term uncertainty the problem with harvard was that summers wanted to lock in interest rates for money that the uni
economy according to frankie boyle by the way look at this photo of him this is a him looking much like the duchess of cambridge before she got the total of the baby my god these kids are obese what do they feel you. should be ashamed of yourself look at that fat baby oh my god how did you pass that through a little you. mr urban. no that was larry summers the macro does larry summers and this billion dollar bad bet was that during the financial crisis harvard lost nearly one billion dollars...
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find out what's really happening to the global economy with mikes concert for a no holds barred look at the global financial headlines tune in to kaiser report. last week chairman bernanke he made an interesting confession at a senate hearing he told lawmakers that he doesn't understand the price of gold. nobody really understands gold prices and i don't pretend to really understand him either. then as senator warren pointed out secretary lew made and just in common as well as a panel discussion in new york last week he said if we get to the end of this year and we cannot with an honest straight face that we have ended too thick to fail we are going to have to look at other options what is the means by an honest straight face and this is our treasury secretary what other phase would he use his poker face as an admission that he lied to the public before we actually found an obscure photo taken of secretary lewis at his senate confirmation and lucky crossed his fingers behind his back when he took the oath of office. i'm just kidding but really to me this statement was shocking just a
find out what's really happening to the global economy with mikes concert for a no holds barred look at the global financial headlines tune in to kaiser report. last week chairman bernanke he made an interesting confession at a senate hearing he told lawmakers that he doesn't understand the price of gold. nobody really understands gold prices and i don't pretend to really understand him either. then as senator warren pointed out secretary lew made and just in common as well as a panel...
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done is this is been sort of a sterilization process they've been taking money liquidity out of the economy through these interest on accessories or payments and that sort of balanced out the amount of money that they've pumped into the economy ok but what happens when short term rates go up to say five percent so if interest rates were to go up to five percent then the fed would also have to increase interest payments on these excess reserves and you can imagine what would happen because they don't want all this money suddenly going out into the economy so they need to increase that payment. if it goes up to five percent and they would be paying foreign banks more than fifty billion dollars over here that's just the current levels and that's i mean that it should be going to the u.s. taxpayers putatively yes that is correct well let me we have this guy alan grayson and he was a member of congress and he raised the riot act in front of bernanke and he basically said there were five hundred billion dollars half a trillion dollars in foreign bank liquidity stops swaps that went to these forei
done is this is been sort of a sterilization process they've been taking money liquidity out of the economy through these interest on accessories or payments and that sort of balanced out the amount of money that they've pumped into the economy ok but what happens when short term rates go up to say five percent so if interest rates were to go up to five percent then the fed would also have to increase interest payments on these excess reserves and you can imagine what would happen because they...
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role in the economy bernanke he said that people use it as disaster insurance in the case of a major problem the major problem he's alluding to is hyper inflation but don't expect bernanke to understand that either since he doesn't understand the price of gold peter schiff said as central banker not understanding the price of gold is like driving a car and not understanding the rules of the road the price of gold has been volatile recently and it's important to note that gold is sold in two forms electronically and on the spot price on gold coins it's one price the gold can also be sold electronically and these prices closely mirror each other and addition there is speculation that electronic prices of gold is used to manipulate the price of physical gold the federal reserve and other central banks have leased their gold to commercial banks like j.p. morgan chase when they do this the gold isn't actually transferred to the banks it stays with the fed and everything is done electronically or in paper the bank then turns around and sell it the paper promised gold for a profit this mark
role in the economy bernanke he said that people use it as disaster insurance in the case of a major problem the major problem he's alluding to is hyper inflation but don't expect bernanke to understand that either since he doesn't understand the price of gold peter schiff said as central banker not understanding the price of gold is like driving a car and not understanding the rules of the road the price of gold has been volatile recently and it's important to note that gold is sold in two...
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find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune into kaiser report on our. interview. well but i will only react to situations as i have read the reports and let the players know i will leave them to the state department to comment on your latter point a month or so it's six am a car is on the docket. no more weasel words. when you made a direct question be prepared for a change when you run should be ready for a battle for the top speeds and down the street into question. he. says. millions of sim cards are at risk of being hacked in mere minutes thanks to a bug which could leave personal data on phones wide open to anybody who wants it. every fifth victim of u.s. drone strikes in pakistan is a civilian a leaker paul deals another blow to america's claims that only militants are being targeted. and the think tank in britain is sounding be alert over the widening gap between the rich and poor welfare cuts and leading to speeded up.
find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune into kaiser report on our. interview. well but i will only react to situations as i have read the reports and let the players know i will leave them to the state department to comment on your latter point a month or so it's six am a car is on the docket. no more weasel words. when you made a direct question be prepared for a change when you run should be...
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is it possible to navigate economy with all the details to just get information and media hype will keep you up to date by decoding the mainstream have stated it's been your right. coming up on r t the us has been pressuring foreign governments to not help n.s.a. whistleblower edward snowden but how would the u.s. react to extradition requests from other countries will tell you the answer to that coming up. here is after the end of the iraq war the nation still carries scars from that time one of those wounds is the increase in the rocky birth defects and cancer cases all report on the toxic legacy left behind and thanks to goldman sachs the cost of aluminum is going off the investment group is hoarding piles of the commodity we'll tell you how that works later on today show. it's monday july twenty second fun.
is it possible to navigate economy with all the details to just get information and media hype will keep you up to date by decoding the mainstream have stated it's been your right. coming up on r t the us has been pressuring foreign governments to not help n.s.a. whistleblower edward snowden but how would the u.s. react to extradition requests from other countries will tell you the answer to that coming up. here is after the end of the iraq war the nation still carries scars from that time one...
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is it possible to navigate the economy with all the details of his diction misinformation and media hype you up to date by decoding the mainstream status it's in your. i've. led. millions of. anyone who wants. every us drone strikes. and the. immigration in the u.k. is widening the wage gap between the rich and poor. leading to.
is it possible to navigate the economy with all the details of his diction misinformation and media hype you up to date by decoding the mainstream status it's in your. i've. led. millions of. anyone who wants. every us drone strikes. and the. immigration in the u.k. is widening the wage gap between the rich and poor. leading to.
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is supposed to flow through the banks and into the economy the real economy and you would see wage price inflation you'd have seen it years ago but the unfortunately the banks put on essentially a prophylactic around the real economy so that nothing can get out there's no ability for the central bank to inseminate the real economy with a quantitative easing release because of the prophylactic this been put in place by banks think banking terrace as i call them and therefore you have no wage increase whatsoever there's no growth not nine months not ever there's no economic babies that are being consummated as a result of quantitative easing because of this wall this put in place by the banks to take that money that's being printed by the central bank and they give it back to the central bank and they just put it back in the central bank and they make money on the money they borrow. so it's a complete bastardisation upside down addition of all that we consider holy in the room of economics unless the motive it's a repudiation of common sense and there's such a ploy to me this example for a
is supposed to flow through the banks and into the economy the real economy and you would see wage price inflation you'd have seen it years ago but the unfortunately the banks put on essentially a prophylactic around the real economy so that nothing can get out there's no ability for the central bank to inseminate the real economy with a quantitative easing release because of the prophylactic this been put in place by banks think banking terrace as i call them and therefore you have no wage...
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went into a slowdown so what economy slowdown the fact that you're trying to pretend that it didn't go into a slowdown is making the situation much much worse you are putting at risk the entire global economy and that's because of all these camels out there that there are all these secret you know losses on these books that only the regulators are allowed to know the command and control that we see devastating economies around the world now and causing panic and that's why panic post is a perfect guy to be in charge of the central banking system as all these and secret information came out and now you know we guarding this this all the secret information alexis goldstein on her tweet pointed out very interesting referred back to two thousand and twelve february thirteenth and this is a note from j.p. morgan on the volcker rule that they submitted to the senate why they shouldn't have the volcker rule they said quote the proposed rule appears to presume that banking entities will camouflage prohibited proprietary trading to evade the rule and that extraordinary efforts are necessary
went into a slowdown so what economy slowdown the fact that you're trying to pretend that it didn't go into a slowdown is making the situation much much worse you are putting at risk the entire global economy and that's because of all these camels out there that there are all these secret you know losses on these books that only the regulators are allowed to know the command and control that we see devastating economies around the world now and causing panic and that's why panic post is a...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . we're not psyched to have active camp at guantanamo where patients are forced that in the aftermath of our strike never turn the world's attention to the point that some. of our time it's. coming up on our teens shocking revelations about the n.s.a. the agency is accused of reading the e-mails of the former president of mexico. the n.s.a. is also accused of looking at millions of french phone records more details on the latest ahead and some of the children from overseas are brought to the u.s. with hopes of a better life but that's not always the case some of those children are given up sometimes to total strangers online r t takes a look at the underground adoption network coming up. and professor petraeus the former general and head of the cia is joining another college but not everyone is happy he's joining us now that story later in the show.
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . we're not psyched to have active camp at guantanamo where patients are forced that in the aftermath of our strike never turn the world's attention to the point that some. of our time it's. coming up on our teens shocking revelations about the n.s.a. the agency is accused of reading the e-mails of the former president of mexico. the...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines kaiser reports. mission. critical three. four charges three. three. three stooges free. download free broadcast quality video for your media projects free media. cries for energy independence are nothing new each president over the past forty years has made a plea for it here's richard nixon during his one thousand nine hundred seventy four state of the union address. he will break the back of the energy price we will lay the foundation for our future capacity to meet america's energy needs from america's own resource. recently the international energy agency estimated that non opec oil producers such as the us canada and kazakhstan will add to supplies by the most since the one nine hundred seventy s. but it seems every source of energy brings its own sort of baggage whether it's nuclear energy natural gas fracking or even petroleum earlier i spoke with. chief energy investment strategist at casey research and i first asked him about his outlook on y
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines kaiser reports. mission. critical three. four charges three. three. three stooges free. download free broadcast quality video for your media projects free media. cries for energy independence are nothing new each president over the past forty years has made a plea for it here's richard nixon during his one thousand nine hundred seventy four state of the union...
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economy the very same thing debts that were. created through large banks are being pushed into the public sector for the public to suffer through austerity so if the argentinean model is in the u.s. and that's why it's important we are thoughts yeah well and in both my books they'll just picnic and really isabella paris is exactly the point i've been making the things that were that were basically tested in the third world on argentina and equity and been brought home the difference is that the origin times have learned their lesson they've been caught up with those debts were forced on the arjen times by military dictatorship so what happened is that of citibank made loans so all kinds of argentine companies and the military during the dictatorship then the i.m.f. and the banks in the u.s. government force argentina to take on its public debt the debts of these bogus companies of these of these connected operation i going to cut it off their route of time but that be on again soon the new book from great palaces billionaires an
economy the very same thing debts that were. created through large banks are being pushed into the public sector for the public to suffer through austerity so if the argentinean model is in the u.s. and that's why it's important we are thoughts yeah well and in both my books they'll just picnic and really isabella paris is exactly the point i've been making the things that were that were basically tested in the third world on argentina and equity and been brought home the difference is that the...
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find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to kaiser report on our. welcome back to cross talk where all things are considered peter lavelle two minute we're discussing capitalism in crisis. ok fred i think back to something was mentioned earlier that you know rich people have socialism in poor people of capitalism. you know what yeah the i get mad that that's the argument out there but in fact if you look at the list of the richest people if you look at the children of the largest corporations that america over the last century massive amount of churning from decade to decade going up and going down americans are fairly tolerant of creative destruction the realisation that the old has to give way to the more efficient more affordable products for more people than one thing happened in two thousand and eight believe that didn't happen in the two thousand and eight did it they had that's right that's right they have to believe it's done fairly and when they see government keeping people ar
find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune in to kaiser report on our. welcome back to cross talk where all things are considered peter lavelle two minute we're discussing capitalism in crisis. ok fred i think back to something was mentioned earlier that you know rich people have socialism in poor people of capitalism. you know what yeah the i get mad that that's the argument out there but in fact if...
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stacey that's basically the global economy the global financial system of course now this guy new hampshire man loses his life savings on carnival game is he was henry gribbohm and he lost his life savings of twenty six hundred dollars on this game where i guess you had to put this ball into a hole and he wanted to win a bigger prize but what he found is that when he practiced he says it was easy but something changed when he started playing for the prize and the balls kept popping out it's not possible that it wasn't rigged said graham if you were observing the situation if you were in a situation where you saw it was rigged. go away or would you say hey i'm going to try to win my money back that i've just lost right well this is part of economics and behavioral economics and what wall street and other brokers and bankers prey on is on the fallibility of the human psyche that is prone to emotionally get involved in a situation where they're losing money in a rigged market and they are blinded to the rigging they only have an emotional reaction that they want to get their money back so they
stacey that's basically the global economy the global financial system of course now this guy new hampshire man loses his life savings on carnival game is he was henry gribbohm and he lost his life savings of twenty six hundred dollars on this game where i guess you had to put this ball into a hole and he wanted to win a bigger prize but what he found is that when he practiced he says it was easy but something changed when he started playing for the prize and the balls kept popping out it's not...
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and will do well again once we get past says idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need rachel way and go ahead you've been patient go ahead. yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to tax it or to regulate it i mean we did quite well as a society without all the regulations we see now i mean it's just grown exponentially but i guess and i think it goes back to a cultural shift i think there was a time when you could do business on a handshake when hard work was the norm when people got up every day and went to work and didn't spend all their time protesting in front of the capitol because they you know they are complaining about the fact that their life isn't what they think it should be instead of getting out and trying to fix it and using their brain and they're able body and to do something for themselves and i think that's that's the issue it's the inverse it's not
and will do well again once we get past says idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need rachel way and go ahead you've been patient go ahead. yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to tax it or to regulate it i mean we did quite well as a society without all the regulations we see...
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capitalism when you have less of it than you had before we were doing well when we were a capitalist economy and will do well again once we get passes idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need. way and go ahead you've been patient go ahead yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to tax it or to regulate it i mean we did quite well as a society without all the regulations we see now i mean it's just growing exponentially but i guess and i think it goes back to a cultural shift i think there was a time when you could do business on a handshake when hard work was the norm when people got up every day and went to work and didn't spend all their time protesting in front of the capitol because they you know they are complaining about the fact that their life isn't what they think it should be instead of getting out and trying to fix it and use using their brain and they're able body a
capitalism when you have less of it than you had before we were doing well when we were a capitalist economy and will do well again once we get passes idiocy of trying to go a mixed economy but don't blame capitalism for the fact that we don't have as much as we need. way and go ahead you've been patient go ahead yeah. it's it's not like capitalism can't exist alongside the state. it's just that the problem is the inverse of that the problem is when the state jumps on a product of capitalism to...
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on time with shops and restaurants having to close early that this could impact the already fragile economy and it looks like the cold weather is here to stay a little bit longer the met office of issued a severe weather warning of course large parts of the country looks like much of the chaos we've seen over the past couple of days but to continue here proving once again that when it comes to britain a little bit of snow can cause a lot of trouble surf. london. now take a look at some other stories from around the world twenty five protesters have been arrested after trying to anger an air force base near the turkish city where u.s. troops are sampling two patriot missile batteries to be deployed the or the syrian border earlier the first of six patriarch batteries along with german troops arrived in the port city it's kunderan were protesters voiced their anger over a stance against a mascot turkey has been a staunch critic of the us regime and has openly supported the rebels. syria itself rebels continue to target pro-government facilities with the latest suicide bombing having killed at
on time with shops and restaurants having to close early that this could impact the already fragile economy and it looks like the cold weather is here to stay a little bit longer the met office of issued a severe weather warning of course large parts of the country looks like much of the chaos we've seen over the past couple of days but to continue here proving once again that when it comes to britain a little bit of snow can cause a lot of trouble surf. london. now take a look at some other...
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of global companies will descend on this other wise pretty quiet tone to talk about global economies most painful wounds and of course some of the ways they hope to help heal so let's rewind to katie's journey to doubt.
of global companies will descend on this other wise pretty quiet tone to talk about global economies most painful wounds and of course some of the ways they hope to help heal so let's rewind to katie's journey to doubt.
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to conjure reports . you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture. max kaiser welcome to the kaiser report cyprus banks are going to open today no they aren't yes they are no they're not are they they are a cut on the deposits is ten percent no it's fifteen percent now it's forty percent now it's zero percent or maybe it's on a percent cyprus is leaving the euro now it's the troika backs the plan no does a backup plan yes it does no it doesn't welcome to the new world order it's called yes no maybe and maybe you'd have gold silver and bitcoin taking you out of this mess or else or well there's going to be well yes no or maybe the way. stacey exactly max you know there's one thing that's never uncertain about all of these plans they have
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to conjure reports . you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture. max kaiser welcome to the kaiser report cyprus banks are going to open today...
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markets finance scandals find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kaiser report on r g. the new comer.
markets finance scandals find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kaiser report on r g. the new comer.
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economy same thing on the european sample the asian economy same thing on the mexican economy insiders closing the event probing from the event and then claiming the markets didn't we don't know what markets do yes of course you do this proves that what you're saying is the absolutely beautiful proof we've got financial terrorists who traded on a tourist information not just nine eleven that they knew was happening and profited from but it also you know america is now being a little bit more comfortable with embedding that it is a empire so one thing that empires don't like to do is lose their position as the world dominant power the u.k. didn't like it when they ended their dominance of the world in the early one nine hundred and the u.s. doesn't like it now and they you know james clapper is admitting here that we're looking at other countries economic policy and behavior which could affect global markets are you which could affect and impact their global dominance so this is something new in global history is that you know empires ball as they get old and you know lack innovation an
economy same thing on the european sample the asian economy same thing on the mexican economy insiders closing the event probing from the event and then claiming the markets didn't we don't know what markets do yes of course you do this proves that what you're saying is the absolutely beautiful proof we've got financial terrorists who traded on a tourist information not just nine eleven that they knew was happening and profited from but it also you know america is now being a little bit more...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report. more news today violence is once again flared up the full these are the images the world has been seeing from the streets of canada. showing up for a shelter old today. many in the black community have long memories and today have a clear distrust for government run health agencies part of what drives each of you know community to his or his torkel perspective is disenfranchisement just kiki is very very much aware of the knife in our communities we still have many communities our we're talking about and this is a conspiracy the government wanted to kill soft so maybe we still have people who still have that mindset people don't like to think. that a government would make an effort to destroy people but black people have had a history. of tusky you syphilis experience that was carried on by the federal government for thirty years one thousand nine hundred to one thousand nine hundred seventy two and people said at that time th
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report. more news today violence is once again flared up the full these are the images the world has been seeing from the streets of canada. showing up for a shelter old today. many in the black community have long memories and today have a clear distrust for government run health agencies part of what drives each of you know community to his...
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be happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report on. science technology innovation all the latest developments from around russia. the future covered. live a golden globe. i live monthly. but speak. to. her. with a. little. bit of optimism and good. luck to. them to come out of the bottom a little and. they've been living this way since the seventeenth century. and strict. their communities on the silicon. the clearly distinguish between their own and the alien. and guard their family and thinks is the treasure. download the official application to your cell phone choose your language stream quality and enjoy your favorites from alzheimer's if you're away from your television just doesn't do that with your mobile device you can watch on t.v. anytime anywhere. the taliban may take it fight.
be happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report on. science technology innovation all the latest developments from around russia. the future covered. live a golden globe. i live monthly. but speak. to. her. with a. little. bit of optimism and good. luck to. them to come out of the bottom a little and. they've been living this way since the seventeenth century. and strict. their communities on the silicon. the clearly...
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peeling an onion richard thanks so much for being with us about wall street is now a parasite on our economy just like the billionaire is a true minds we check out our latest web site no billionaires dot com. it's a visual two thousand and twelve was the warmest year every quarter in the united states according to the national oceanic and atmospheric administration average temperature for two thousand and twelve was fifty five point three degrees fahrenheit more than the read degrees above normal this news comes just a day after a new study was released stay in that a one meter rise in global ocean levels could force of millions of coastal residents globally to flee their homes by the year twenty one other researchers warn that if these new predictions hold true upwards of one hundred eighty seven million people will have to leave low lying areas across the globe which include both developed and underdeveloped nations so will this alarming new information finally be what it takes to force the u.s. and other world governments to take the actions necessary to prevent a complete environmental c
peeling an onion richard thanks so much for being with us about wall street is now a parasite on our economy just like the billionaire is a true minds we check out our latest web site no billionaires dot com. it's a visual two thousand and twelve was the warmest year every quarter in the united states according to the national oceanic and atmospheric administration average temperature for two thousand and twelve was fifty five point three degrees fahrenheit more than the read degrees above...
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why not what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into a report on. the good the bad of the very very broad jealously ugly good c.l.u. civil liberties organizations settled a suit with the u.s. government that will allow many military service members discharged into the anti-gay don't ask don't tell law to receive full separation pay many members who were discharged under the law only received half of the separation pay they were due thanks to the lawsuit ex-military members though who were discharged after the member towns two thousand and four due to don't ask don't tell will now be entitled to all of the money that they were originally denied don't ask don't tell was repealed it officially ended in september of two thousand and ten gay marriage is now have the right to proudly serve and defend their nation without fear of retribution the bad police use of excessive force over the last few years there have been countless incidents of police using excessive force by wall street protests to coll
why not what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into a report on. the good the bad of the very very broad jealously ugly good c.l.u. civil liberties organizations settled a suit with the u.s. government that will allow many military service members discharged into the anti-gay don't ask don't tell law to receive full separation pay many members who were discharged under the law only received half of the...
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he says we need to do this to stimulate the economy and yet the debt in the u.k. it's new all time on every single month so clearly his idea is failing. unless you look at it as a well confiscations game then it's succeeding magnificently and of course when the real estate bubble pops as it most assuredly will then a whole new generation of brits will find themselves sinking in the thames instead of corrupt or crabs i think we could come up with a new word of kratz the beggar crack class they beg and beg and beg and shake us down and people give them money because they just are so violent and aggressive with their begging the holding hostage of congress back in two thousand and eight by hank paulson on their behalf was one of the most remarkable aggressive behaviors of begging and yet we've never brought in nobody has suggested we bring in as oppose to stop this sort of aggressive behavior shaking us down constantly well you have a great example of it here in britain you've got the big six energy companies that are gal getting customers and like the banks stealing
he says we need to do this to stimulate the economy and yet the debt in the u.k. it's new all time on every single month so clearly his idea is failing. unless you look at it as a well confiscations game then it's succeeding magnificently and of course when the real estate bubble pops as it most assuredly will then a whole new generation of brits will find themselves sinking in the thames instead of corrupt or crabs i think we could come up with a new word of kratz the beggar crack class they...